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Amagi Media Labs IPO Day 1 LIVE: GMP signals over 5% listing gain — Issue booked 3% so far. Should you apply?

The IPO of Amagi Media Labs, a Bengaluru-based cloud-based SaaS company, opened for subscription on January 13, aiming to raise ₹1,788 crore. Priced between ₹343 and ₹361 per share, the offer includes a fresh equity issuance and an offer for sale, with significant interest from anchor investors prior to the opening.

Amagi Media Labs IPO Day 1 LIVE: GMP signals over 5% listing gain — Issue booked 3% so far. Should you apply?

Credit: Livemint

Key Highlights

  • Amagi Media Labs IPO opened on January 13 and closes on January 16.
  • The IPO aims to raise ₹1,788 crore with a price band of ₹343-361 per share.
  • The offering includes ₹816 crore in fresh equity and ₹972.6 crore in an offer for sale.
  • The company raised ₹804.87 crore from 42 anchor investors before the IPO opened.
  • Major domestic mutual funds participated in the anchor investment round.
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Sources

  1. Amagi Media Labs IPO Day 1 LIVE: GMP signals over 5% listing gain — Issue booked 3% so far. Should you apply?
  2. Amagi Media Labs IPO Day 1: Issue opens today. GMP hints 6% listing pop. Check review, key dates. Apply or skip?

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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